Worldline to upgrade Luminor Bank ATM network
Worldline has signed a five-year agreement to unify and upgrade Luminor Bank’s ATM network. The Baltic region lender uses different…
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Danske Bank secures nod to offload Latvia unit to Citadele Bank
The sale of Danske Bank Latvia operations by Citadele Bank has secured the green light from the banking regulator of…
Latvian regulator files insolvency suit against PNB Banka
Latvian banking regulator has filed an insolvency suit against the troubled local lender PNB Banka. The move comes just a…
PNB Banka’s new shareholders to inject €146m in capital
The new shareholders of troubled Latvian lender PNB Banka have decided to invest €146m in the bank, whose operations were…
Latvia’s Baltic International Bank completes digital upgrade
Latvia’s Baltic International Bank has upgraded its Temenos T24 Core Banking system. Across its retail, corporate and private businesses, the…
Latvian firm SIA Transact Pro buys Colorado National Bank
Latvian payment processing firm SIA Transact Pro’s owners have acquired Colorado National Bank (CNB) for an undisclosed amount. Transact Pro…
Latvia approves voluntary liquidation of ABLV Bank
Latvian banking regulator Financial and Capital Market Commission (FCMC) has approved the self-liquidation of ABLV Bank. The decision, taken at…
Meridian Trade Bank fined by Latvian FCMC for money laundering
Meridian Trade Bank has been fined by Latvia’s banking watchdog Financial and Capital Market Commission (FCMC) for violating money laundering…